December 6, 2022/OilPrice.com Tom Kool Editor, Oilprice.com Chart of the Week Belated and Lax, Oil Price Cap Fails to Impress Markets – Oil prices have been in freefall this week with WTI back to trading slightly above $75 per barrel, as markets remain unimpressed by the G7 oil price cap […]
OPINION/EDITORIAL
Foreign Portfolio Investments in Equities Rise in October
December 6, 2022/CSL Research Amid the ongoing uncertainties in the global investment terrain, Foreign Portfolio Inflows in the Nigerian equities market rose 80.16% m/m to N18.16bn in October 2022 from N10.08bn recorded in September 2022. On the other hand, Foreign Portfolio Outflows grew slower by 8.34% m/m to N10.39bn from […]
OPEC+ Agrees to Maintain Status Quo on Oil Production Output
December 6, 2022/United Capital Research At the 34th joint ministerial meeting of the Organisation of Petroleum Exporting Countries (OPEC), OPEC and non-OPEC members agreed to maintain their output policy established on 05-Oct, keeping production levels at 41.9mb/d. This decision comes in the face of an agreed $60.0/bbl. price cap on […]
